TiL buys 49% of Adani Ennore CT

Adani Ports secures 95% stake in Gopalpur Port as part of its integrated logistics strategy.

The planned development of Louisiana International Terminal (LIT) downstream of the Port of New Orleans on the Mississippi River has received another financial boost, with it securing over US$226M in new federal funding.

The ambitious project of Mediterranean Shipping Company (MSC) to build a new 6-7 M TEU capacity container terminal in the port of Rotterdam could be delayed by at least one year.

APM Terminals (APMT)has finally agreed a deal with Plaquemines Port Harbor and Terminal District to help build and operate a new container terminal in Plaquemines Parish on the west bank of the Mississippi River about 20 miles south of New Orleans.

Adani Ports and Special Economic Zone (APSEZ) is to raise INR50B (US$601M) by selling non-convertible debentures.

The Spanish Government is set to approve Valencia Port Authority’s (APV) plan to develop a new container terminal in its northern extension area.